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Get Sba 994 - The Bond Exchange
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How to fill out the SBA 994 - The Bond Exchange online
Filling out the SBA 994 - The Bond Exchange form is a vital step in accessing surety bond guarantee assistance for small businesses. This guide provides clear, step-by-step instructions on completing the form online, ensuring you have the necessary information to proceed with confidence.
Follow the steps to complete the SBA 994 form online.
- Press the ‘Get Form’ button to access the form and open it in the online editor.
- In Part I: Business Information, enter the name and trade name of your business, Tax ID number or Social Security Number, and business address including city, zip, and state. Make sure to provide your contact information, including telephone and fax numbers, and the county in which your business operates.
- Complete the details regarding your business structure by selecting the appropriate type of organization from the options provided: Proprietorship, Partnership, Corporation, or Joint Venture. Additionally, indicate the number of employees and the date your business was established.
- For financial information, list the average annual receipts over the last three years, and detail your previous work program, including total dollar value and number of contracts.
- In the same section, state whether your business is an SBA 8(a) Certified Contractor or HUB Zone Contractor and provide information about any past SBA loans.
- In Part II: Principal Information, detail information for all owners, partners, and officers. This includes names, Social Security numbers, addresses, percentage of ownership, and veteran status.
- Continue to Part III: Contract Information. Complete the contract details including estimated contract amount, bid date, project type, and a description of the project along with the address of the obligee.
- In Part IV: Agreements, provide your certifications regarding compliance, accuracy of information, and assumptions of responsibility for debts and actions.
- Finally, sign and date the form in Part V: Statements Required by Law. Ensure that any required parties also sign where indicated.
- Once you have completed all sections, save your changes. You may download, print, or share the completed form as necessary.
Complete your SBA 994 form online today to ensure your surety bond guarantee assistance application progresses smoothly.
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The SBA offers an 80% guarantee on bonds for all other individual contracts up to $6.5 million or up to $10 million if a federal contracting officer certifies that SBA's guarantee is necessary for the small business to get a bond.
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